Norway/NCS
News
February 09, 2023
According to preliminary estimates, the size of the discovery is between 17 and 47 MMboe, of which the majority is oil. The two exploration wells of the discovery were drilled by the Transocean Spitsbergen rig.
News
February 09, 2023
The discovery occurred in the operated 7122/8-1S Countach well in PL229 (Goliat), north-west of Hammerfest.
News
February 03, 2023
The agreements will secure the majority of the power needed for the existing manufacturing activities and also the additional power required for planned investments into electrification and hydrogen production as part of INEOS Inovyn Norway's plans to decarbonize its assets in Norway.
News
February 01, 2023
The Barents Blue concept is to make ammonia from natural gas from the Barents Sea, capture the CO2 and store it under the seabed. The Polaris CO2 storage under the Barents Sea was selected as the CO2 storage solution for the Barents Blue project.
News
January 20, 2023
TotalEnergies awarded the first contract- the LAPA Southwest (LAPA SW) development project- to Saipem and partner Aker Solutions do Brasil. Equinor also awarded a contract to Saipem for the Irpa pipeline project.
News
January 18, 2023
The Obelix Upflank discovery was made some 23 km south of the Irpa gas discovery, and 350 km west of Sandnessjøen. This is the first discovery made on the Norwegian continental shelf (NCS) in 2023, and the first wells in the Equinor-operated production license awarded in the APA award in 2020.
News
January 11, 2023
Of the 47 drilling permits, 29 are in the North Sea, 16 are in the Norwegian Sea, and two are in the Arctic Barents Sea. This licensing round is expected to bolster and maintain activity in the Norwegian Continental Shelf.
News
January 11, 2023
The new licenses are close to existing infrastructure in the Gjøa and Fram areas of the Norwegian North Sea. Neptune already has a presence here, reflecting the company’s exploration strategy to focus on key opportunities within core areas.
News
January 10, 2023
The contract covers the design, engineering, manufacture, and installation of pipe for the Dvalin North field, which will be tied back to the Heidrun Platform via the existing Dvalin field on the Norwegian Continental Shelf.
News
January 09, 2023
The government received 13 new field-development plans last year. Companies including Equinor ASA and Aker BP ASA rushed to take advantage of Covid-era tax breaks that expired at the end of December.
News
December 28, 2022
Neptune Energy welcomed Equinor’s announcement of the start of production from the Njord field in the Norwegian Sea. This news follows a major upgrade of the platform and the floating storage and offloading vessel.
News
December 27, 2022
The combination of multisensor broadband fidelity and dual azimuth illumination provides clients with higher-quality data for their renewed exploration interest on the Norwegian continental shelf.
News
December 19, 2022
The partnership will submit a plan for development and operation to the Ministry of Petroleum and Energy before the end of December. They will recommend that the Berling field be developed as a subsea tieback to the Åsgard B platform some 12.43 miles away.
News
December 16, 2022
Along with several measures to increase efficiency and recovery, these development projects will enable Aker BP's oil and gas production to grow from around 400,000bpd in 2022 to around 525,000bbl in 2028.
News
November 30, 2022
Offshore Energies UK, the leading trade body for the UK’s offshore energy industry, has launched a report pinpointing key skills shortages that could put the transition to cleaner energies at risk.
News
November 23, 2022
An investigation has been launched into an oil and gas company for flaring and venting in the North Sea without consent. The probe by the North Sea Transition Authority could result in action being taken, including a fine for the company or the relevant license being taken away.
News
November 22, 2022
Equinor ASA will lead the development of the Irpa gas discovery in the northern reaches of the Norwegian Sea to unlock an estimated 20 billion standard cubic meters of recoverable reserves, Norway’s Petroleum and Energy Ministry said in a statement on Tuesday.
News
November 17, 2022
Waldorf is among several smaller companies seeking to acquire North Sea assets being offloaded by larger energy players, who are seeking to offload oil and gas exploration projects to raise money for renewable investments.
News
November 16, 2022
Neptune Energy and its partners said Wednesday that hydrocarbons have been encountered in the Calypso exploration well in the Norwegian Sea. The operations are still at an early stage, and Neptune has not determined if commercial volumes are present.
News
November 04, 2022
Neptune Energy announced Friday that drilling has commenced on the Calypso exploration well in the Norwegian Sea, with a target depth of approximately 2,960 meters (9,711 feet).
News
October 06, 2022
Neptune Energy and its partners announced an extension of higher gas production from the Duva field in Norway, supplying enough gas to heat a further 550,000 UK homes per day.
